He impressed the Arsenal manager and also the fans with his outstanding display in the Emirates cup and pre-season matches early in the season but now he looked set to leave the club this summer.Reports said that Merida has already agreed a new contract offered by Arsenal last summer but is yet to sign it. News circulating in the net this week said that Merida had agreed a contract with his childhood team, Atletico Madrid, and will join them this summer for free.Snapped up at the age of 16; similar to Arsenal's present captain Fabregas, from Barcelona, Merida is touted to be the next "Fabregas" has not been able to nail a starting spot in the senior squad.Although Merida's contract will run out this summer, the UEFA tribunal will ask Atletico Madrid to pay compensation to Arsenal because of signing a player who is under 24 years old. Will he be missed @ Arsenal ? ... but I'm sure he will be a great player one day.